| Product Code: ETC8621985 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite the negative CAGR and growth rate in 2024, Nigeria`s composite adhesive import market continued to show high concentration, with top exporters being India, China, Germany, Portugal, and Italy. The market dynamics suggest a competitive landscape dominated by these key players. The decline in growth rate from 2023 to 2024 indicates potential challenges faced by the market, which could be attributed to various factors such as economic conditions, changing consumer preferences, or global trade dynamics. This data highlights the importance of monitoring trends and developments in the composite adhesive industry for stakeholders operating in Nigeria.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nigeria Composite Adhesive Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Composite Adhesive Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Composite Adhesive Market - Industry Life Cycle |
3.4 Nigeria Composite Adhesive Market - Porter's Five Forces |
3.5 Nigeria Composite Adhesive Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Nigeria Composite Adhesive Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Nigeria Composite Adhesive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-strength materials in industries such as automotive, construction, and aerospace. |
4.2.2 Growth in the construction sector and infrastructure development projects in Nigeria. |
4.2.3 Rising investments in manufacturing facilities and industrial growth in the country. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs. |
4.3.2 Lack of awareness about the benefits of composite adhesives among end-users. |
4.3.3 Regulatory challenges and standards compliance in the adhesive industry. |
5 Nigeria Composite Adhesive Market Trends |
6 Nigeria Composite Adhesive Market, By Types |
6.1 Nigeria Composite Adhesive Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Composite Adhesive Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Nigeria Composite Adhesive Market Revenues & Volume, By Acrylic, 2021- 2031F |
6.1.4 Nigeria Composite Adhesive Market Revenues & Volume, By Epoxy, 2021- 2031F |
6.1.5 Nigeria Composite Adhesive Market Revenues & Volume, By Polyurethane, 2021- 2031F |
6.1.6 Nigeria Composite Adhesive Market Revenues & Volume, By Cyanoacrylate, 2021- 2031F |
6.1.7 Nigeria Composite Adhesive Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Nigeria Composite Adhesive Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Composite Adhesive Market Revenues & Volume, By Automotive & Transportation, 2021- 2031F |
6.2.3 Nigeria Composite Adhesive Market Revenues & Volume, By Aerospace & Defense, 2021- 2031F |
6.2.4 Nigeria Composite Adhesive Market Revenues & Volume, By Electrical & Electronics, 2021- 2031F |
6.2.5 Nigeria Composite Adhesive Market Revenues & Volume, By Construction & Infrastructure, 2021- 2031F |
6.2.6 Nigeria Composite Adhesive Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria Composite Adhesive Market Import-Export Trade Statistics |
7.1 Nigeria Composite Adhesive Market Export to Major Countries |
7.2 Nigeria Composite Adhesive Market Imports from Major Countries |
8 Nigeria Composite Adhesive Market Key Performance Indicators |
8.1 Research and development investment in innovative composite adhesive technologies. |
8.2 Adoption rate of composite adhesives in key industries. |
8.3 Number of partnerships and collaborations for expanding distribution channels. |
9 Nigeria Composite Adhesive Market - Opportunity Assessment |
9.1 Nigeria Composite Adhesive Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Nigeria Composite Adhesive Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Nigeria Composite Adhesive Market - Competitive Landscape |
10.1 Nigeria Composite Adhesive Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Composite Adhesive Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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